Walnut Capital Limited — Net Asset Value 2008

Jan 14, 2008

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APEX CAPITAL LIMITED

(Incorporated in the Cayman Islands with limited liability) (Stock Code: 905)

As at 31[st] December, 2007, the unaudited consolidated net asset value per share of Apex Capital Limited was approximately HK$0.01.

Hong Kong, 14[th] January, 2008

As at the date of this announcement, the board of directors comprises Mr. MUNG Kin Keung, Mr. HA Wing Ho, Peter, Mr. LEONG Chi Wai and Mr. LEUNG King Yue, Alex as executive directors; Mr. CHEE Man Sang, Eric, Mr. LO Tak Kin and Ms. YU Tin Yan, Winnie as independent non-executive directors.